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01.25.2009 12:00AM
TV Stock Snapshot: Edging Back Up After Financials Effect

Television stocks are tracking the overall market, though at a bit wider margin. Between Jan. 16 close and this morning’s opening bell, TV station stocks fell roughly 10 percent on average. The Dow during the same period slipped just over 2 percent. Inauguration day, last Tuesday, was a particularly rough day on the big boards, with fears over the flailing financial sector sparking a sell-off. Much of the decline was led by America Depository Shares of U.K. banks, as the government there propped them up for the second time.

Indexes are now inching back up from this latest bail-out shock, though GE’s poor 4Q showing, announced late last week, slowed the rally.

NAME Symbol 1/26 Open 1/16 close % Ch MktCap(mil)
ACME Communications ACME $0.30 $0.30 0% $4.81
Belo Corp. BLC $1.80 $1.81 0% $188.06
CBS Corp. CBS.A $6.29 $7.28 -14% $4,349.36
CBS Corp. CBS $6.25 $7.20 -13% $4,403.69
Entravision Communication EVC $0.77 $1.22 -37% $72.08
Equity Media Holdings Corp. EMDAQ $0.01 $0.01 0% $0.32
Fisher Communications FSCI $17.98 $19.21 -6% $161.97
Gannett Co., Inc. GCI $6.73 $7.59 -11% $1,610.50
General Electric Co. GE $12.48 $13.96 -11% $130,883.29
Gray Television, Inc. GTN.A $1.22 $1.22 0% $19.96
Gray Television, Inc. GTN $0.46 $0.46 0% $18.45
Grupo Televisa, S.A. (ADR) TV $14.88 $14.85 0% $8,452.10
Hearst-Argyle Television HTV $4.22 $4.75 -11% $393.66
ION Media Networks Inc. IION $3.00 $3.00 0% $205.60
Journal Communications JRN $1.96 $2.11 -7% $114.12
LIN TV Corp. TVL $1.04 $1.41 -26% $50.85
Media General, Inc. MEG $2.53 $2.88 -12% $63.77
Meredith Corp. MDP $17.41 $18.82 -7% $779.17
News Corp. NWSA $6.75 $8.02 -16% $18,660.79
Nexstar Broadcasting Group NXST $0.75 $0.77 -3% $20.18
Saga Communications SGA $1.12 $1.49 -25% $17.70
Shaw Communications SJR $16.81 $17.27 -3% $7,138.52
Sinclair Broadcast Group SBGI $2.10 $2.73 -23% $182.51
The E.W. Scripps Co. SSP $1.73 $2.01 -14% $103.33
The McGraw-Hill MHP $20.40 $21.44 -5% $6,418.94
The Walt Disney Co. DIS $21.08 $21.46 -2% $39,504.90
The Washington Post Co. WPO $405.25 $408.24 -1% $3,919.54
Young Broadcasting YBTVA $0.05 $0.05 0% $1.07
 



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